Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2018 · $6K total declared value · Most recent: Oct 2018 (misc)
KAT CONSTRUCTION LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1094
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,676 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3409 4TH AVE S MINNEAPOLIS MN 55408 | P MILLER & M C NORTH | RESIDENTIAL | $92,000 | 41 ft |
| 3417 4TH AVE S MINNEAPOLIS MN 55408 | SHANNON EDBERG | RESIDENTIAL | $364,400 | 42 ft |
| 3421 4TH AVE S MINNEAPOLIS MN 55408 | MATTHEW SCHAFER & BRIAN NOY | RESIDENTIAL-TWO UNIT | $263,000 | 85 ft |
| 3405 4TH AVE S MINNEAPOLIS MN 55408 | P MILLER & M C NORTH | RESIDENTIAL-TWO UNIT | $265,500 | 104 ft |
| 3425 4TH AVE S MINNEAPOLIS MN 55408 | EDEN KNUTSON & LEWIS ISTOK | RESIDENTIAL | $296,800 | 127 ft |
| 3412 5TH AVE S MINNEAPOLIS MN 55408 | JACKSON MCNEIL | RESIDENTIAL | $371,700 | 143 ft |
| 3408 5TH AVE S MINNEAPOLIS MN 55408 | L S CORRALES/V Y BALTIERREZ | RESIDENTIAL | $241,000 | 149 ft |
| 3416 5TH AVE S MINNEAPOLIS MN 55408 | M E R ZIEGLER/N P MILLER | RESIDENTIAL | $368,900 | 149 ft |
| 3404 5TH AVE S MINNEAPOLIS MN 55408 | JSW PROPERTIES LLC | RESIDENTIAL | $366,000 | 165 ft |
| 3420 5TH AVE S MINNEAPOLIS MN 55408 | CITY OF LAKES COM LAND TRUST | — | $364,100 | 167 ft |
Most Recent Sale
Current Tax Year